Transition to greener electricity and resource use impact on environmental quality: Policy based study from OECD countries

In the contemporary time, global economies must comply with Sustainable Development Goals to achieve environmental and energy efficiency. Within the scope of environmental reforms, we extend academic discussion by analyzing the role of electricity transition on the carbon emissions for 1995-2021. Using extensive empirical analysis, we conclude that population growth and economic growth significantly leads to environmental degradation. However, natural resource rents, electricity transition and human development ensure environmental sustainability. Our findings allow us to recommend energy transition through electricity from renewable energy resources must be encourage to overcome environmental challenges.